ITS GOOD TO HAVE OPTIONS! You can buy and sell bitcoin options - - PowerPoint PPT Presentation

You can buy and sell bitcoin options

Using our trading desk, you can create or buy put and call options real-time. We offer American style option trading

IT’S GOOD TO HAVE OPTIONS!

“Bitcoin is a technological tour de force.” Bill Gates, Microsoft co-founder “I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world." - Peter Thiel, Co-Founder of PayPal Andreessen Horowitz Plans to Put “Hundreds of Millions of Additional Dollars” Into Bitcoin Start-Ups

Bitcoin Mining

Mining Operations

Serious mining today is accomplished with purpose- built computing equipment that use sophisticated Application Specific Integrated Circuits (ASICs) Ordered 1st Mining Machine in May 2013 – delivered Nov 2013 Ordered 2nd Machine in July 2013 – delivered in Oct 2013 Ordered next 11 Machines in Nov 2013 – delivered in Dec 2013 Contracted with Cloudhashing in Feb 2014 for virtual mining capacity Ordered 6 Machines in Jan 2014 – expecting delivery in July Over 250 bitcoins mined to date (11 TeraHash Capability) – currently 3.5 BTC/week – was 10.5 BTC/week in February New machines will take us to 36 TeraHash when installed

Consumer Benefits

• Privacy

is on the minds of many consumers following the significant data breaches that have occurred over the past few months at large retailers like Target and Neiman Marcus.

• When a consumer uses bitcoins to pay for goods or services
• nline they only share the public key and the amount of the

payment with the merchant. There is no personal identifiable information that makes them susceptible to identity theft

• Cost savings

Merchants are starting to offer discounts for purchases made with bitcoins versus credit cards.

• Ease of use

usually a two click checkout process. No looking for that smudged out number on the back of your card.

Merchant Benefits

• Lower cost <1%
• No charge backs
• More efficient and faster. Shows up in your account in

minutes not days.

• Fraud is eliminated
• Easy entry versus merchant accounts
• Potential brand recognition from early adoption of an

innovative technology

Opinion Leaders

Bank of America analysts say bitcoin may emerge as a serious competitor to traditional money transfer providers. "As a medium of exchange bitcoin has clear potential for growth in our view " they add.

“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.” Milton Friedman, winner of Nobel prize in economics (1999)

To create the eco-system components necessary for the crypto-currency economy to thrive

Vision

6/9/2014 12.8 Million bitcoins mined 21 Million is the max 2008 World Wide $36.6 Trillion stock market $791 Trillion derivatives 2011 World Wide $47 Trillion stock market 18.5 billion option contracts

Market

“Today, [Bitcoin’s market cap] is at $4 billion,” Cameron Winklevoss told Andrew Ross Sorkin, “we believe [it could reach] $400 billion.” – CNBC Interview 11/12/2013

Overview Statistics

Current Exchange Rate $650 €473 Market Cap BTC 12,866,850 USD $8,363,452,500 Euro €6,086,020,050

Money

Banking Credit Transaction Processing Risk Management

Ecosystem

Collect and Hold Deposits Make Loans Provide Secure Storage

Banking

Make Loans Collect Interest Assess Risk

Credit

Match Buyers and Sellers Provide Anonymity / Confirm Identity Guarantee Transaction

Transaction Processing

Hedging Exchange Futures / Options Trading

Risk Management

2011 World Wide $47 Trillion stock market 18.5 billion option contracts

Trading Desk

Customer Benefits

• Risk Mitigation - Mitigate risks associated with

price fluctuations associated with holding bitcoin

• Options Equivalent Returns on Investment
• Transparent Price Discovery - Options chains

provide transparent assessment of where the market believes prices are going in the future